Thriving on risk in real estate

 Well-functioning markets thrive on risk and deciding how to value it, but to assess risk, markets rely on knowing what they don’t know. Uncertainty, or not knowing how much risk is present, is a market killer.

One tool markets use to help quantify uncertainty and turn unknowns into risks is the index, a method of measuring the value of a defined section of a market. Long a staple of stock markets — think of the Dow Jones Industrial Average or the S&P 500 — indices enable markets to better value risk and, therefore, to make better decisions.

Professor Larry Susskind Recognized for Excellence in Graduate Teaching

Larry Susskind, Ford Professor of Urban and Environmental Planning, was recognized for his many contributions to lives of his students and advisees. He received the Graduate Teaching Award, presented at the 2016 MIT Awards Convocation. Professor Susskind's nomination included 25 letters of support from graduate advisees in 2015 and 2016. Students praised his devotion to his students' academic, personal, and long-term success.

Larry Vale & NPR Discuss Housing Subsidies

DUSP Professor Larry Vale was a special guest on NPR's "Planet Money," exploring the fascinating (and distressing) question, "Why Does Random Chance Decide Who Gets Housing Subsidies?"

LARRY VALE: The costs of expanding housing vouchers or finding other ways of deeply subsidizing housing are not so astronomical. So this is a deliberate choice to stop short of trying to meet that need.

Crowdsourcing the Silver Line commute

New app from MIT researchers gathers rider feedback to improve Boston bus service.

Crowdsourced data may soon improve commutes for Boston residents who ride the Silver Line bus.

Re-Imagining the Industrial City

Professor Brent Ryan was recently interviewed for a profile feature in the ILP Insider.  In the article, he envisions revitalized industrial cities with a focus on practicality and resilience.

Helping engineers refine their negotiation skills

Engineers are master problem solvers; however, many struggle to navigate the complicated, interpersonal dilemmas presented by high-stakes negotiations.

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